Data: A certain address borrowed over 2000 WBTC from Aave through circular lending
According to ChainCatcher's message and monitored by Lookonchain, an address starting with 0x1111 has used a loop borrowing strategy to collateralize ETH in Aave to borrow WBTC, then traded WBTC for ETH to repeat the above process, totaling 44,956 ETH (worth about 73.5 million USD) collateralized and 2,088 WBTC (worth about 58.3 million USD) borrowed.
Risk warning Risk warning
